Price Analysis

Apecoin Price Analysis: APE Price Prepare for 25% jump with this Breakout

The APE price stands at the doorstep of another potential breakout, prepping to extend ongoing recovery, but will they make it?
Published by
Apecoin Price Analysis: APE Price Prepare for 25% jump with this Breakout

The Apecoin (APE) price ongoing recovery aims for another resistance breakout as its tag is $7.5 resistance. However, the combined resistance of 100-day EMA and the $7.5 level keeps the selling pressure intact. Can the replenished bullish momentum undermine the overhead supply pressure to trigger a bullish breakout?

Advertisement

Key points: 

  • The APE chart reflects a rounding bottom recovery
  • The lateral shift in the ADX slope reflects indecisiveness among market participants. 
  • The intraday trading volume in Apecoin is $616.5 Million, indicating a 13% loss.

Source- Tradingview

From Mid-June-to-July, the APE/USDT pair resonated in a cup and handle pattern with its neckline resistance at $5.5. Thus, on July 18th, the coin price gave a massive breakout from this resistance, reflecting an early sign of trend reversal.

The post-retest rally surged the APE price 32.5% higher, hitting the $7.35-$7.5 resistance. However, this price recovery amid the recent sell-off in the crypto market showcased multiple higher price rejection candles, indicating intense supply pressure from above.

Today, the APE price registers a 10.83% price jump, rechallenging the overhead resistance. A bullish breakout from $7.5 and the 100-day EMA level would flip this resistance into viable support to carry the further recovery.

The potential upswing would drive the coin price 25% higher, hitting the $9.3 resistance.

On a contrary note, if APE buyers fail to push a daily candlestick closing above the $7.5 mark, the price may undergo a retracement phase, threatening a breakdown from $5.5 support.

Advertisement

 Technical Indicator

MACD indicator: the fast and slow line moving higher in bullish territory indicates the market sentiment is bullish. However, a narrow distance between these slopes suggests the buyers barely manage the ongoing rally.

RSI indicator: the 100-day EMA aligned with $7.5 marks adds additional barriers for buyers to overcome. Moreover, a breakdown of the 20-day dynamic support will give a better confirmation for a price correction.

  • Resistance levels: $5.1 and $5.6
  • Support levels: $4.74 and $4.3
Advertisement

Share
Brian Bollinger

From the past 5 years I am working in Journalism. I follow the Blockchain & Cryptocurrency from last 3 years. I have written on a variety of different topics including fashion, beauty, entertainment, and finance. Reach out to me at brian (at) coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Price Analysis

ASTER vs HYPE Price Analysis – Which Perp DEX Token Looks Poised to Dominate Q4 Performance?

The ASTER price has slipped by 2.37% over the past 24 hours, while the HYPE…

October 7, 2025
  • Price Analysis

Ethereum Price Could Soar to $6,500 as BlackRock’s ETF Nears $20B Milestone

Ethereum price could be on the verge of a strong bullish breakout in the coming…

October 7, 2025
  • Price Analysis

Cardano Price Consolidates Below Key Resistance Ahead of ETF Verdict — Is a 50% Rally in Sight?

The Cardano price continues to attract growing attention as anticipation builds ahead of the SEC’s…

October 7, 2025
  • Price Analysis

Solana Price Eyes 56% Rebound Amid Solana Company’s Massive $530M SOL Acquisition

Following a 3.57% daily rise, Solana price has regained upward traction amid renewed institutional interest…

October 7, 2025
  • Price Analysis

Ethereum’s Price Bullish Cycle Resumes as Grayscale Launches Spot Staking ETPs – Is $7,331 Next?

The Ethereum price continues to attract significant attention after reclaiming a crucial resistance level, reinforcing…

October 6, 2025
  • Price Analysis

Pi Network Price Risky Pattern Points to Crash as 14M Coins Leave OKX

The Pi Network price has been left behind in the ongoing crypto market bull run.…

October 6, 2025